Value-based education is an approach that incorporates values into the learning environment to enhance academic and social development. It aims to fully develop student personality, foster respect for individuals and society, promote democratic thinking, and teach tolerance of different faiths. There is a need for value-based education due to declines in traditional values and challenges with complex decision-making. Key values taught include creative thinking, life skills, interpersonal skills, and coping with stress. The document discusses implementing a value-based education system and framework to inculcate important values among students.